In the quarterly earnings call after Apple's financial results announcement, CEO Tim Cook took to answer various analyst questions, and a pretty telling quote slip from him then. Apparently he doesn't think “that the higher end, if you will, of the smartphone market is at its peak. I don’t believe that but we will see and we will report our result as we go along." Apple's iPhone sales of 22 million are certainly impressive for a flagship phone about to be replaced soon, and lend credence to Tim Cook's views about the current market situation...Source: http://www.phonearena.com/news/Apples-CEO-Tim-Cook-doesnt-see-the-high-end-smartphone-market-as-saturated-yet_id45663
